32, PETER LEE COTTAGES, WHEATLEY HILL, DURHAM, DH6 3RH - £127,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 PETER LEE COTTAGES is a large extended detached house of 114m², built sometime between 1930 and 1949. It was last sold for £127,500 in March 2021, which was around 32% below the average March 2021 detached price in the County Durham local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

32 PETER LEE COTTAGES Sold Prices

Land registry data shows four sales for 32 PETER LEE COTTAGES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the County Durham local authority area for the corresponding sale date. All of the four 32 PETER LEE COTTAGES sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 MAR	£127,500	£186,145	32% below HPI
2019 22 AUG	£126,000	£170,402	26% below HPI
2018 14 SEP	£120,000	£174,029	31% below HPI
2011 10 OCT	£79,995	£164,422	51% below HPI

32 PETER LEE COTTAGES Price Paid vs. HPI Average

The below graph shows the average detached house price in the County Durham local authority area over time, sourced from the HPI. The four 32 PETER LEE COTTAGES sales between October 2011 and March 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2019 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 32 PETER LEE COTTAGES?

32 PETER LEE COTTAGES is 114m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Wheatley Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Wheatley Hill, and where 32 PETER LEE COTTAGES lies on this distribution: 60% of detached houses are smaller than 32 PETER LEE COTTAGES, and 35% of houses are larger. Note that EPC data is not available for all properties in Wheatley Hill.

32 PETER LEE COTTAGES: Plot and Title Map

32 PETER LEE COTTAGES sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 32 PETER LEE COTTAGES, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 PETER LEE COTTAGES). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 32 PETER LEE COTTAGES?

32 PETER LEE COTTAGES is located in WHEATLEY HILL, in the DH6 postcode district. The below map shows the position of No. 32 on PETER LEE COTTAGES.